Dimensions of GST on Small and Moderate Business Units: A Systematic Review. Issue 3 (September 2021)

• Record Type: Journal Article
• Authors: Guna, Chennathur; Anuradha P.S.,
• Is Part Of: Vision. Volume 25:Issue 3(2021)
• Page Start: 275
• Page End: 284
• Publication Date: 2021-09
• Subjects: Indirect Tax -- Goods and Services Tax (GST) -- MSMEs -- Systematic Review -- India; Management -- Periodicals; 658
• DOI: 10.1177/09722629211002931
• Languages: English
• ISSNs: 0972-2629

Abstract

Implications of indirect tax namely GST's implications on small and medium businesses are an emerging area of research in India. Relevant literature of Indian and other nations up to 2020 has been studied and it covers published and also grey literature materials. Adequate caution and consideration have been applied in choosing the appropriate literature. Understandings from the significantly sourced literature have been thematically analysed and presented. The outcome of this work makes clear the dimensions of GST in relation to opportunities for small and moderate business houses, experiences of other countries and the current challenges for small and moderate businesses in the Indian context. One of the significant findings is that implications of GST on MSMEs across various industries would be diverse and also vary from politically sensitive industries of each state. This review is a step towards further research and helps the MSME owners and policymakers in making informed decisions.